Metals Acquisition Limited Reports Drill Results Including 50.4m @ 8.9% Cu and Provides an Operational Update

Author: Benzinga Newsdesk | September 11, 2023 06:04am

Metals Acquisition Limited ("MAC" or the "Company") today provides a market update on the following aspects of the CSA Copper Mine:

• Total Reportable Injury Frequency Rate (TRIFR) of 10 and 10.2 per million hours for July and August, respectively
• July and August 2023 production (the first two full months of MAC's ownership) of 7,294 tonnes of copper
• Additional results from drilling previously not included in the 2022 Resource Estimate, including 50.4m @ 8.9% Cu and 36 g/t Ag from 170.6m in UDD20134
• Drilling at the shallow QTS South Upper mineralisation accelerated to support rapid mine development with first drill hole returning 3.4m @ 8.7% Cu and 21 g/t Ag in QSDD055A
• Downhole Electromagnetic Survey ("DHEM") indicates the continuation of sulphide mineralisation for at least 800m below the deepest drill hole at the CSA Copper Mine

Posted In: MTAL